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ANMOmCKI-SNT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.2
Applications and Reports Received or Acted on
1971 - No. 18
During the Week Ended May 1, 1971.
To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Long Island Trust Company, Garden City* New York.
Branch on, the west side of Veterans Highway/
approximately 400 feet north of The Long Island
Expressway, Hauppauge, Suffolk County.
Central Trust Company Rochester N.Y., Rochester, New
York. Branch in the Goodmam Plaza, 636 Goodman
Street North, Rochester, Monroe County.
Bank of Suffolk County, Stony Brook, New York.
Branch in the neighborhood of the intersection
of Stony Brook road and Route 347 (Nesconset-Port
Jefferson Highway), Stony Brook, Brookhaven,
Suffolk County.
Bank of Delaware. Wilmington, Delaware.
Branch office to be located at the intersection
of Delaware State Route #14 and Sear Air Avenue,
Rehoboth , Sussex County.
Wilmington Trust Company, Wilmington, Delaware.
Branch office in the Park N ? Shop Shopping
Center, Elkton and Apple Roads, Newark,
New Castle County.
The First Pennsylvania Banking and Trust Company,
Bala-Cynwyd, Pennsylvania. Branch office on the
northwest corner of West Chester Pike and Maiin
Road, Brommall, Marple Townships Delaware County.
Lorain County Savings & Trust Co., Elyria, Ohio.
Branch at 35924 Detroit Road9 Avon, Lorain County.
5




First Virginia Bank of the Southwest, Christiansburg,
Virginia. Branch in the University City Shopping
Center, Prices Fork Road, Blacksburg.

H. 2

-2-

Mo. 18

Received (cont'd)
Union Bank and Trust Company, Ottumwa, Iowa.
Branch at 211 East Fourth Street, Ottuwa,
Wapello Countyo
Bank of Dearborn, Dearborn, Michigan.
Branch at the southeast corner of Ford Road
and South field Road, City of Dearborn, Wayne County.
11

12

Approved
"Guaranty Bond State Bank, Tomball $ Texas„
Branch (Drive-in Facility) approximately
sixty feet across an alley in the rear of the bank
building.
*United California Bank, Los Angeles, California.
Branch in the vicinity of California and Davis
Streets, City and County of San Francisco.
* * * * *

To Carry Reduced Reserves Pursuant to
Section 19 of the Federal Reserve Act
Received
Skyline National Bank, Denver, Colorado.

10

* * * * *

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Rece ived
Fidelity Union Trust Company9 Newark, New Jersey.
Branch in Nassau, Bahamas .

2
2

First National City Bank, New York, New York.
Branch in Apia, Western Samoa,
* * * * *

*

Application approved by Reserve Bank on behalf of the Board of Governors
under delegated authority.




H. 2
No. 38

8

11

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Received
Central Bancompany, Jefferson City, Missouri, for prior
approval to acquire The Central Trust Bank9 Jefferson
City and Jefferson Bank of Missouri, Jefferson City,
both in Missouri.
First Bancorp, Inc., Corsicana, Texas, for prior approval
to acquire Citizens National Bank in Ennis, Ennis;
Citizens State Bank, Malakoff; and First National Bank
of Streetman, all in Texas.
* * * * *

4

5




To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Approved
First Banc Group of Ohio, Inc., Columbus, Ohio,
for prior approval to acquire 100 per cent of
the voting shares (less directors 1 qualifying shares)
of the successor by merger to The Security Central
National Bank of Portsmouth, Portsmouth, Ohio.
Mercantile Bankshares Corporation, Baltimore, Maryland,
for prior approval to acquire 80 per cent or more
of the voting shares of Bank of Southern Maryland,
La Plata, Maryland.
*

* * * *